Capital Markets
Company Overview of The Bank of New York Mellon
Company Overview
The Bank of New York Mellon provides banking and other financial services to corporations and individuals. The Company engages in six core businesses: securities servicing, global payment services, asset management and private client services, corporate banking, global market services and retail banking. The Bank of New York Mellon was formerly known as The Bank Of New York and changed its name to The Bank of New York Mellon in July 2008. The Bank of New York Mellon was founded in 1784 and is headquartered in New York, New York. The Bank of New York Mellon operates as a subsidiary of The Bank of New York Mellon Corporation.
One Wall Street
New York, NY 10286
United States
Founded in 1784
Phone:
212-495-1784
Fax:
212-635-1799
Key Executives for The Bank of New York Mellon
The Bank of New York Mellon Key Developments
BNY Mellon has been appointed by River and Mercantile Asset Management LLP to provide middle and back office solutions for assets valued at $3.1 billion. In an extension of its existing outsourcing agreement with River and Mercantile, the company is now providing middle office services and accounting in support of nine open-ended investment companies (OEIC's) and all of River and Mercantile's segregated funds.
Man Industries has received intimation from The Bank of New York Mellon communicating their unwillingness to continue as depository to the GDRs issued by the company. The notice stated that if no successor depository bank was appointed on or before August 31, 2012, the depositor will terminate the depository agreement after next 90 days from August 31, 2012, that is anytime after November 30, 2012.
The Directors of Alphanatics Fund announced the appointment of The Bank of New York Mellon (BNY Mellon) to act as an additional custodian to the Fund pursuant to a custody agreement dated October 31, 2012, between the Fund and BNY Mellon. BNY Mellon is responsible for the safekeeping and custody of securities deposited with it by the Fund. Under the terms of the Custody Agreement, the services provided may include settlement of trades, the opening and maintenance of one or more cash accounts and securities accounts, safe custody of assets, income collection, corporate action and voting processing, tax reclaims, foreign exchange services, provision of certain pricing information and standard custody and electronic reporting. The terms of the agreement allow either party to terminate the agreement on at least 90 days notice.
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